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English 36
Search Results 0 to 35 of about 36 (some duplicates have been removed)
FOX Business
Jan 24, 2013 1:00pm EST
, requiring congress to not spend more than it makes, than it takes in in taxes. if you call taxation making money, but it can't spend more than it takes in. any traction on that? >> yeah. this is an idea, an old idea, whose time has timely come, and, you know, as polls show about 75% of all americans support this idea, most of the state legislatures operate the same way, and we need to do this because we need permanent structural spending reform so that we don't find ourselves back in the same position every six to 18 months in raising the debt limit. >> limit spending to 18% of the gross national product, 18%. right now, it's a rate of 23%. we're looking at some of the other things that you would do. you want a historical average of total federal receipts so congress is only run a deficit, increase taxes, or increase debt if agreed upon by a two-thirds vote. i like how it sounds, but it doesn't sound like you can get other politicians to agree to it? >> rome was not build in a day. it's in the a sell yet, but we have support in the senate for the idea of a balanced budget amendment. the la
FOX Business
Jan 30, 2013 1:00pm EST
's new push for a video subscription service. lori: whether we like it or not, tax season news kicking off today, two weeks later than normal. when you need to file and can expect that refund. ♪ . >> i'm adam shapiro with your fox business brief. stocks are holding near five-year highs after a report showing the economy contracted in the final quarter of last year and better than expected news on private sector hiring in january. checking the dow industrials right now, we are down just one point. >>> shares of amazon are higher after the company's fourth quarter gross profit margin surprised wall street. they came in just over 24% compared with expectations of about 22%. after the bell the online retailer reported a profit of 21 cents a share, 7 cents shy of expectations. while revenue was up 22% over a year ago at $21.27 billion, it also fell short of the estimate of more than 22 billion. >>> toyota is recalling more than one million cars for faulty airbags and defective windshield wipers. most of the recall affects corolla models. that's the latest from the fox business network, gi
CNBC
Jan 25, 2013 6:00am EST
do we mean just raising taxes? isn't most of the austerity in europe raising taxes? >> no. >> not in greece? >> it would actually be starting to collect taxes. >> we raise taxes, which have to do with the middle class -- >> that's the austerity you're talking about, raising taxes? >> yes. >> and also the cutting of wages. we have a dramatic cut in wages, not only in the public sector, but also in the private sector. because the economy, the basis itself on small and medium enterprises, which mainly produce for the domestic market, this has been a distraction. we have lost a lot of jobs, a lot of company, the private sector in a very bad state, in a country which was growing with a rate of more than 4%. but this double -- >> so much more than you were taking in at that point. there's a deficit that has to be paid off. and the measures you're talking about, technology and organizing the economy could take a long time to kick in. >> this is correct. but the main problem in greece was always state revenues. because they do not tax the rates. they allow tax evasion for the weal
FOX News
Jan 28, 2013 3:00pm PST
the background check, pay fine and taxes and stay legally while applying for green card and eventualual citizenship. the latest fox news poll show 55% favor citizenship. 13% support guest worker program but only limited time. >> immediately when the bill passes people in the shadows would get a legal right to stay here and work. they would no longer be supported provided they don't have a criminal record. >> president obama was chastised for not pushing immigration reform in the first term. there is growing support now but it won't be easy. the lawmakers love to say the devil's in the details. a debate and discussion is now beginning. >> bret: much more with the panel. bump in the road on wall street. dow was down 14 after six straight winning sessions. the s&p 500 was off three. nasdaq gained five. durable goods orders were up 4.6% in december. >> led by surge in military aircraft sales. what does this mean for you? wendell goler. >> the dow jones/industrials closing in on the prerecession high of 14,164 set in october of 2007, the standard & poor's index passed its high point. the sto
FOX Business
Jan 29, 2013 4:00pm EST
at the helm. there is nobody like him. in fact a lot of people were concerned, joe, with this new tax, they have to add on the 7% tax, it adds up to 9% in some cases in california. these huge new sales taxes that the internet used to be able to avoid, they can't avoid it all over the place now. certain states it does kick in, that didn't seem to hurt sales too much. kind of surprising. >> i live in illinois. i live in chicago that's one of them. >> we have taxes in this town. this is nothing. the expectations are built in. not like we didn't know about this. that is like the general market. we see the things out in the forefront. investors and traders are not reacting like they normally would when they see the top line and follow-up data. they're looking at the stock. looking at what could potentially happen. i think this is priced in. david: joe, thanks. we'll see you in a couple of minutes when the s&p futures close. thanks. liz: well at this year's consumer electronics show you know we tried our absolute darnedest to break corning's new gorilla glass. they keep reinventing it. i wa
CNBC
Jan 31, 2013 9:00am EST
, competition from bonds, not so great. i still can't get over that they preserve thafd dividend low tax rate these are bond equivalents, a lot of stocks, especially when they boost the dividends. keep the balls in the air. that's what can happen. >> yeah. a lot of discussion yesterday as to why the fomc continues nobody that kind of mode as opposed to something else, which people speculated a lot b meantime, speaking of broad economy and markets, a pair of multinationals falling in the premarket, ups posting a earns of $1.32 that missed. revenues slightly exceeded. also issues guidance below estimates and dow chemical says the company saw significant deterioration in market it is serves, especially china. earlier on "squawk," dow chemical outlined the challenges for the company. >> could dampen the economy again through our politics but i would tell you i key is good things out of china with their leadership stabilizing and emerging asia as a whole. 35% of dow's revenues are now in emerging geographies and where we are putting a lot of our investment and our money. >> how concerning, jim, tw
CNBC
Jan 28, 2013 4:00am EST
-- there are promises in election campaigns that some taxes might be lightened a little bit. but on the whole, italy has no skill for a fiscal expansion. so at the moment, they're going to have to button down, keep spending heightened and keep things right. >> do you think italy is in a better position? >> in the short-term, spain has a more stable government. that's becoming unpopular, but at the moment, there's no threat to the majority of the popular party in spain. >> italy, we have an election coming up and anything could happen. we have a lot of strange things going on. there is a party which is looking like it will get around 15 cents a vote run by a former comedian. there's no clear political agenda, as well. there is a lot of political instability, but i think the long-term economic picture is in less trouble because it has much lower overall debt limits than spain combined. >> and how times have changed on that front. thanks very much for your time this morning. >> thank you. >>> growing market optimism fueled by a string of upbeat earnings has put equity markets on stronger footing. but u.s.
CNBC
Jan 31, 2013 4:00am EST
a property tax program for the city as early as the first half of this year. in hong kong, the hang seng lost .4%. the noble shares split 5.25% despite a record quarter in top and bottom line. that stock had gained 50% since last august to a multi year high. we are seeing some profit taking here. the kospi pulled back a modest 0.1% after gaining for two days. australia's asx 200 snapped a ten-day winning streak with miners losing. india's sensex now trading lower by 0.6%. back to you. >> sixuan, thanks for that. >>> now a couple of web stories popping online, the dow joins industrial average yesterday, just 46 points from topping that trading high. can it take out that 14,000 mark? find out what analysts have to say at cnbc.com. >>> after topping analyst estimates from the quarter, google is now priced at more than $750 a share. but if ths that stock going to from hot to too hot? find out on the website, as well. >>> despite the initial disappointment, some analysts are arguinging the release of the new blackberry will be positive. >>> still to come, the dreamliner, nippon airways has grounde
FOX Business
Jan 24, 2013 11:00am EST
you have to say? stuart: we also agree on taxes. >> we should have a free enterprise, free market system. stuart: why are you such a supporter of the most leftist president in american history? >> it is not just a chief financial officer, it is a leader of our nation. he has no peers when it comes to any other candidate on the republican side or any other republican sitting in the senate. we are out of time. connell: good morning, everyone. i am connell mcshane. dagen: i am dagen mcdowell. things are looking up on the jobs front. connell: monica crowley. dagen: dreamliner, the troubles have not gone away for boeing. michael dell has ordered one of them. connell: then there is jamie dimon and john chambers. you will be hearing from both of them in this hour. liz claman at the world economic forum. cheryl: stocks now and every 15 minutes. apple. nicole: i will show you apple in a moment. the dow, the s&p are doing quite well. five-year highs. highs that we have not seen since 2007. the tech heavy nasdaq, apple weighing on the nasdaq. are we almost at 14,000? we cannot believe it. wh
FOX Business
Jan 31, 2013 11:00am EST
on their plans because of the uncertainty of dodd-frank, obamacare cause, tax increases, the president has spent more on economic stimulus and borrow more money than any president in history. his policies are not working and he does not like what business people are telling him. dagen: we talked about this earlier in the show. you look at what happened in the economy during the fourth quarter. we had a contraction if you are on the other side of the aisle don't you look at that and say, hey that is a very reason that the government needs to keep spending money. >> if that helps our economy, we would have the best economy in history. there were no spending cuts in the fourth quarter. we have not executed as a cluster yet. companies did begin to pull back. dagen: one that they are looking for is more infrastructure spending. we have heard that over and over again. why won't the white house get that? >> dagen, it is a different philosophy. the president and his party believe that the government is the central player in our economy. we talk about cutting spending, they think that hurts the economy.
FOX Business
Jan 29, 2013 1:00pm EST
detroit and you want to buy it and create this utopia. what would the tax policy be like because that is what i care about? >> do not fax anything you want to encourage. melissa: it sounds like a fantasy, but this is a real plan. it is a 983-acre island located off of detroit. it was purchased by detroit in 1879. the reason why you think that this could actually happen is because detroit, of course, is in dire financial strength. they are looking for anything to do to write in the books. what are the odds that you think you can get this done? >> well, considering all the interest and the media coverage in the past week and all the discussion, i think the odds are getting much better. i think it can happen. melissa: it would be like puerto rico. it's all private entity. you would have your own currency. you have to renounce your citizenship, though. is that something that would have to be done here? >> no. actually, what i am proposing in this book which i have written is to be in additional citizenship for bell island. melissa: there would be a fee to do that. have you had a lot
FOX Business
Jan 31, 2013 1:00pm EST
amount in eight years, held by dividend payouts as everybody tries to avoid higher tax rates on those. the latest reading on manufacturing came in the best level in nine months. that is positive. following the gdp report. that is not good. what does it say about the recovery? it is confusing. joining me now. we go through the list, it is basically all bad except the chicago pmi number. what is your take? >> my view is the latest data suggests this remains the olympus economic recovery since the second world war and we ought to be happy the u.s. economy grows by 2% once again in 2013. this is an economy growth wise that is simply moving sideways. melissa: sideways even is optimistic. it could go backwards. the fed charted the recovery in terms of gdp growth saying this is the worst recovery we have ever had, basically. >> that is exactly right. we cannot forget the latest rally by equities owes much more to the expectation of the continuation of very low bond yields than it does to expectations of stronger earnings growth. in fact, if we strip away the financials from the s&p 500 compa
FOX News
Jan 28, 2013 4:00pm PST
for illegal immigrants. but only if they take steps like paying back taxes, learning english and passing bad ground checks. cac is -- carl cameron is is on it on capitol hill this evening. calling it amnesty. >> the last time congress took um immigration reform twice during president bush's republican administration it was derailed out of complaints about amnesty. the idea being that illegal immigrants in this country would be allowed to stay and not have to be held accountable for the law that they have broken. that is the debate that's unfolding right now. and today the lead democrat of this measure, new york senator chuck schumer talked about it in terms that will have some concern for amnesty. opponents because, in effect. amp the hurtles are cleared. they would be allowed to stay. watch. >> immediately, when the bill passes. people who are here living in the shadows, would get a legal right to stay here and work. they would no longer be deported provided they don't have a criminal record. >> well, supporters say that that provision that they don't have a criminal record in addition to a
PBS
Jan 30, 2013 4:30pm PST
. earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns about its lithium batteries overheating and catching fire. today boeing management said it is making good progress in finding the cause. peter arment is the aerospace analyst at investment firm sterne agee. >> tom: boeing still plans to ramp up production of that dreamliner, triple the number it dlivers and takes payment f. how confident are you it can stick with that? >> we're very confident. i mean, yes, there is no question there is headline risk with the 787. i think that there is concerns about what the ultimate solution will be, or root cause. but everything we have seen, it is a battery defect.
KRON
Jan 29, 2013 4:00am PST
is almost tax, and if you're planning to claim certain education credits you need to do your homework. >> if you file form 88-63 the irs says did not file your return until mid february. the irs says it needs to update processing systems before the form could be accepted. >> this impact you if your htaking advantage of the american opportunity tax credit or the lifetime learning credit. other education benefits like tuition fees is too long interest deductions and still be claimed starting on wednesday. >> hostess has picked the maker of little debbie as the lead bidder to buy its drakes cakes. >> according to a filing in u.s. bankruptcy court, fmkcfee foods has offered $27.5 million in cash for the cake france, which include devil dogs, funny bones and yodels . >> the fate oftwinkies and other hostess cakes is still being negotiated with other bidders. hostess brands announced in november that will be shutting down its businesses and selling is bread and snack cakes. >> at british law firm says that about a dcustomers are suit search leader google in the u.k. over its alleged secret
CNBC
Jan 29, 2013 6:00am EST
on rye kind of what we're seeing. here is one thing that we're watching. the payroll tax increase didn't bother us when the price of gasoline was down. but over the past few weeks, we've seen the price of gas go up by anywhere from 30 to -- 25 to 35 cents per gallon. that really puts an impact on $20 a week for 50,000 in income. that price in gasoline really was going to make double hit behind the increase in payroll taxes. >> that is an interesting point. i hadn't really thought about that. when it comes to the jobs number on friday, kevin, tell me what you think the market is looking for? what would be really good news and what would be look out? >> they want it big. the guys are going to probably pull bids out and put up some shorts going into it. i'd watch for an air pocket down. my own opinion is i think you'll see a number finally over 250. we're overdue for that number. and -- >> the dawn of february 1st? >> they don't have time to cook the books by february 1st on that, do they? huh? >> it's friday. >> they're supposed to be good at it, i don't know. >> well, they are -- >> i t
CNBC
Jan 30, 2013 4:00am EST
because last quarter we have an increase on the vat taxes and really we pass from the bat from 70% four years ago to 21% now in the last quarter. really as you say, the retail -- the consumer has fallen down dramatic. we need to remember that the public employees has cut their extra payment from the christmas extra payment. and this situation with no more extra for christmas present has fallen down, too, since christmas time. >> citibank says public debt the surge from 88% to 110% of gdp in two years. surely the spanish government is going to have to go into an ecb program. not so that they can get cheap money. so they can get money flowing. >> yeah. as you say before, the situation is the new ministers that the government call reinforce our economy. really our debt limits is too high in terms of ecb, in terms of europe. okay, we're going to cut in our deficit level, but it's not enough. now the question is, if we need to rein in our growing economy and how to do it if the tax increase is enough for the consumer, it's enough for the companies in our country. really, in fact, the only wa
FOX Business
Jan 28, 2013 11:00am EST
with a green card as long as they paid back taxes and paid penalties and get in line for citizenship and approval. they also, however, want stronger border security and tracking of legal immigrants and whether or not they overstayed their welcome. they want to strengthen the employment verification system out there for immigrants, and those getting advanced degrees, ph.d. and masters in the math and the sciences. all of this is good politics, take a listen. >> look at the last election. look at the last election. we are losing dramatically the his pappic vote we think should be ours for a variety of reasons, and we got to understand that. >> in the last election, president obama got 71% of the hispanic vote, and mitt romney got 27%. dennis, cheryl? cheryl: immigration a big topic, obviously, and they voted on that. peter barnes, thank you very much. >> you bet. cheryl: gun stocks trading, the sector, we have been watching it, the two biggest names we follow, mar -- marginally higher. the president and vice president meeting with chiefs from major cities like aurora, colorado, oak cre
KICU
Jan 25, 2013 4:00am PST
in part to the capital gains tax increase that would take effect in 2013 for those making $400,000 or more. mulville also mentioned how the changing demographics of americans go hand-in-hand with the world- wide interest in american real estate. "americans are getting older, becoming more willing sellers at the same time as foreigners want to come in and buy, so it's a combination of things that's magnifying the demand in the upper end. financing is readily available as banks are on track to distribute more private jumbo loans than they have since 2007. > > with this rush of buyers to own these million dollar homes, is this a sign the economy turning around? experts say yes, but not so fast. "we might see some stimulus effect, but i don't think it will be a major decider if we pull out of the recession or not." for first business news, i'm ky sisson. recent data shows that luxury housing markets in south florida, denver, and phoenix are also making a comeback. still ahead, watch your wings. why chicken wing prices are soaring for the superbowl this year. our traders unplugged have a bone t
CNBC
Jan 28, 2013 6:00am EST
are? this does include taxes, and it is a hotel. but it doesn't include your mortgage. you're paying $95 million. and then what do you pay -- >> during the commercial break i guessed 17 grand a month. >> i would like to raise that -- >> 17 grand a month? >> to 55 grand a month. >> very close. 60,000 a month in monthly maintenance fees. now that does include twice -- it includes maid service and a spa and some other things. so you're paying $95 million and then you're paying $60,000 a month in maintenance. but we bring you through all kind of apartments tonight. $160 million worth of real estate in new york. >> are these places back? i mean for awhile things crashed and nobody could afford these places. are they really back? because we still talk about how on wall street those pay packages are coming back. >> that's what everyone was saying a year ago, two years ago. two things happened. one is foreign money. i mean one of the great things about this show tonight is we bring you through with a russian buyer as he's in central park west. the russians, the chinese, the latins, especiall
CNBC
Jan 30, 2013 1:00pm EST
and will consumer be hurt by payroll tax hikes. probably the best way to think about the economy now. you get there by averaging stronger than expected growth in third quarter. what's clear, is this report, think of it as the ghost of christmas future. if you cut back an gov spending, it mathematically approaches. it sets the stage and uncertainty associated with it for better growth in the future. tyler? >> steve, much to think about there. how are defense stocks reacting to the 22% reduction in defense spending by the government in the fourth quarter? jane wells has details in l.a. jane? >> tyler, defense spending down. after reporting descent guidance and returning lots of cash to investors, saying quote i can't recall a time of greater uncertainty. raising guidance but none of the companies are factoring in possibility within extra half trillion in cuts kicking in in march. pentagon spending, as you can see, never 22%. cuts included 43% cuts to ships. 90 percent in weapons support. but look, 64% jump in missile spending. good for lockheed and raytheon. we have an attack inside syria. expe
FOX News
Jan 25, 2013 4:00pm PST
in property taxes, shepard. >> shepard: you should go out and get you a free mansion? >> well, it's quite a risk, shepard certainly caused some controversy in this very toney neighborhood in boca raton. some the people we spoke to today good for him if he can pull it off. most of the neighbors are clearly extremely agitated at this situation. >> got to hand it to him. it's a beautiful place. no one else was living in there. >> most of the neighbors around this area are pretty active in the association. think are not happy. nobody is happy. we all spent a lot of money. >> not sure how congress will it's going to be a free ride. bank of america says they have initiated immediate legal proceedings to evict the 24-year-old squatter. >> shepard: i would love to have him on "studio b" on monday. can you work that out for me? >> we are on it. >> shepard: as many as 10,000 crocodiles got loose not in south florida but in south africa because of heavy rains and flooding. look at. this officials say a worker at a croc farm was afraid that the high water would kill all the reptiles but when they ope
CNN
Jan 30, 2013 1:00pm PST
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NBC
Jan 26, 2013 5:00am PST
. [ announcer ] to do a job well, you need the right tools. so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. >>> good morning, looking live at the golden gate bridge and there is some fog but it's a bit farther out in the distance. thanks so much for joining us. i'm kris sanchez along with meteorologist anthony slaughter, who says it is going to be cold, but it is going to be somewhat sunny. >> we'll see sunshine but looking at the fog right now there, is a cold front off the coast and once that cold front moves through this afternoon, our temperatures are actually going to fall from the upper 50s back into the low 50s and 40s by this afternoon and that's where we're at now. 52 in san francisco, 48 in oakland, 51 in san jose, 49 in santa cruz and the cold front moves through this afternoon. temperature also start to fall. we were talking about a ten-degree drop in temperatures by this afternoon and it's going to be cold tonight with 30s returning and a brief shower possible tonight and tomorrow,
NBC
Jan 26, 2013 7:00am EST
the right tools. so if you're filing your taxes online, choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. >> good morning, everybody. i'm kate amara. it is one of the greatest saturdays of the year. it's the day of the polar bear plunge. since yesterday hundreds and hundreds of people have been jumping into the frigid waters of the chesapeake bay all to raise money for the special olympics of maryland and the special olympics athletes. our rob roblin is standing by there. robby, there's a big question. does it make any difference for these super plungers that the water temperature is warmer than the air them? >> actually, it does. you want to get in the water to get warm. but the water temperature is not warm. it's cold, too. so it's cold no matter what. the idea is to get in the water and back out as soon as possible. plunge number 23, here we come, ladies and gentlemen. starting to see smiles on the faces of the super plungers. almost over. look, everybody with the joe flacco face. joe flacco is a huge supporter of special olympics.
CNBC
Jan 29, 2013 9:00am EST
's no longer, it's as bad as it used to be. they didn't mind paying the taxes. they are buying back stock. what a good call. >> all true. it's an interesting point you make, one that we perhaps don't focus enough on, in creating enthusiasm amongst your own employee base in order to attract talent, in order to keep talent. she seems to be having success at doing that. >> she has charisma. >> it is about free cafeteria food and issuing iphones to employees. >> it's important when it's a turn-around story and there has to be one or two more quarters for the results to be seen. that's a great point you made, because these are needed expectations, the fact that they beat, and they show the business lines weren't doing much worse. but revenues were better than consensus. it was a stability quarter. they bought back a lot of stock, because it's extremely investment friendly. >> a number of directors on the board will be focused on that. dan loeb is still in there. probably will be for some time. and has done very well with it. that helps also. he was key in terms of at least the appointment of mayer t
FOX Business
Jan 30, 2013 11:00am EST
napolitano talks to us about the tax that taxpayers are staring at after the big bank bailout. take a look at how the guild on the ten year is doing today. the market is flat, but the surgery yield is back above 2%. the local [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well, that would make you... the creators of the 2013 mercedes-benz e-class... quiteossibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. >> i am lori laughlin with your fox business brief. the latest policy meeting is underway. they will stick with its plan of holding inte
Search Results 0 to 35 of about 36 (some duplicates have been removed)